Over $2 BILLION IN ETHEREUM BURNED SO FAR by EIP-1559 Upgrade, Lending to the idea that Ether is ULTRA SOUND MONEY

Nearly two billion dollars worth of Ethereum (603,452 ETH) has been burned by the Ethereum network, propelling it to new records. After the August 5 introduction of EIP-1559, Ethereum began to burn ETH. Every day, the system sends around $30…

Ethereum’s Proof of Stake Merge in Detail: Will it CHANGE THE ETHEREUM NARRATIVE FOREVER?

“The Merge” is an update to Ethereum that replaces the existing proof-of-work consensus method with a more eco-friendly, efficient, and secure proof-of-stake consensus mechanism. All blocks on Ethereum will be generated using the new Proof-of-Stake (PoS) consensus method after the…

Investors Scammed Out of Millions After Evolved Ape Developer Runs

One week after the launch of the Evolved Apes NFT project, the mysterious developer behind the project disappears and takes with them 798 ether, which is about $2.7 million. The news was broken by Vice News, and according to the…

Ethereum Becomes DEFLATIONARY, with More Tokens Burned than Minted in MONUMENTAL MILESTONE

ETH is officially a deflationary asset. Transaction fees may be “burned” using the EIP-1559 code modification. This has put pressure on Ethereum as a deflationary currency. ETH’s price may have increased because to the supply pressure. The EIP-1559 smart contract…

The Best Crypto Wallets in 2021

If you plan on investing in cryptocurrency, you should also invest in a crypto wallet. Crypto wallets are a secure place to store your cryptocurrency on or your ownership, and they can take the form of hardware or software. Before…

Ethereum’s EIP-1559 Upgrade for Noobs

Ethereum’s EIP-1559 upgrade will transform how Ethereum collects fees and where they go. We will address the most common concerns that Ethereum users, dapp users, and developers have regarding EIP-1559, which will be included in the July London Hard Fork.…

A Collaboration Between Dogecoin and Ethereum, Per Vitalik Buterin

Vitalik Buterin, Ethereum co-creator, spoke on the Lex Fridman Podcast and revealed that, despite rumors and Elon Musk’s comments, he has nothing against Dogecoin. The plot thickens. He’s even open to a collaboration between Dogecoin (DOGE) and Ethereum (ETH), specifically…

Double Jump.tokyo and Square Enix collaborate on New NFT Content

Double jump.tokyo and Square Enix have announced that they are collaborating to develop some kind of content using blockchain technology. Details on the deal and content are sparse, but we do know it will eventually lead to the system development…

Bitcoin’s Energy Problem

Bitcoin continues to enjoying its ever-increasing popularity across the world, and while I’m a big fan, it’s important to not ignore the negative aspects. The fact is bitcoin mining consumes a ton of electricity and this consumption is becoming a…

Ethereum 2.0 Launch: The Basics

The Ethereum 2.0 beacon chain genesis block has finally launched after practically years in the making. The repeatedly postponed update to the second-largest cryptocurrency by market capitalization took its first breath on Dec. 1, just after 12 pm UTC. The…